Energy Focus (NASDAQ:EFOI) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report sent to investors on Wednesday. The brokerage issued a sell rating on the construction company’s stock.

Energy Focus Stock Down 10.1 %

NASDAQ:EFOI opened at $1.25 on Wednesday. Energy Focus has a twelve month low of $1.14 and a twelve month high of $2.90. The company has a market cap of $5.91 million, a P/E ratio of -2.08 and a beta of 1.79. The business has a 50 day moving average price of $1.35 and a two-hundred day moving average price of $1.47.

Energy Focus (NASDAQ:EFOI) last announced its earnings results on Monday, August 12th. The construction company reported ($0.12) EPS for the quarter. Energy Focus had a negative return on equity of 86.25% and a negative net margin of 45.19%. The business had revenue of $1.55 million for the quarter.

Energy Focus Company Profile

Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies.